Tanker

93 LPG newbuildings in 2015 worry Ultragas

Ultragas finished 2014 with a result that surpassed management expectations. But a doubling of gas newbuildings in 2015 is a cause for concern at the Chilean-controlled carrier.
Photo: Ultragas
Photo: Ultragas
BY TOMAS KRISTIANSEN

Chilean-controlled Ultragas, headquartered in Denmark, turned the deficit from 2013 into a net profit of USD 3.4 million last year, according to the carrier's financial report.

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